Fannie Mae
mydesert.com Readership Survey
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There are still so many unanswered questions in front of us, such as what has happened to attitudes toward home ownership. We know there has been some change to that. Also we don't know what is going to happen with Fannie Mae and Freddie Mac, what is the government's role in mortgage financing going to be? We are not going to be able to settle that until after the election
We think that the spreads are very attractive in today’s market and see significant opportunities on the retail side and select opportunities in the office sector ... Multi-family properties, however, remain very competitive because of the government’s role with Fannie Mae and Freddie Mac.
Fannie Mae has expanded home ownership for millions of families in the 1990's by reducing down payment requirementsMore quotes »
Newsday's coverage
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Letter: JP Morgan not a case for more rules
financial crisis of 2008 and its legacy of unemployment and foreclosures," misses the mark . The anticipated insolvency of Fannie Mae and Freddie Mac , not investment banks, ignited the financial credit crisis of 2008.The loss at JPMorgan Chase was large, Read more »
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Fannie Mae posts $2.7B first-quarter profit
mortgage giant Fannie Mae reported its first net income gain since it was taken over by the government during the 2008 financial crisis. Fannie said Wednesday that it earned net income attributable to common stockholders of $2.7 billion in the January-March Read more »
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Fannie-Freddie regulator eyes loan cuts
federal regulator who oversees Fannie Mae and Freddie Mac is softening his position against allowing the mortgage giants to reduce principal for U.S. borrowers at risk of foreclosure. Edward DeMarco, acting director of the Federal Housing Finance Agency , Read more »
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Fannie asks gov't for nearly $4.6 billion for 4Q
-- Mortgage giant Fannie Mae says it lost money in its fourth quarter and is asking the federal government for $4.57 billion in aid to cover its net worth deficit.Fannie and sibling company Freddie Mac buy home loans from banks and other lenders, package them Read more »
Around the web
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FTC picks legal sharpshooter for U.S. probe of Google
Wilkinson was not named in a 2011 civil complaint filed by the Securities and Exchange Commission, alleging that Fannie Mae deceived shareholders by underreporting its subprime mortgage exposure. Months after leaving Fannie Mae, Wilkinson joined New York-based 1:02 AM from Reuters Mobile Read more »
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Fannie Mae sells $1 bln bills at mixed rates
30 (Reuters) - Fannie Mae, the largest U.S. home funding source, said on Wednesday it sold $1 billion of benchmark bills at mixed interest rates compared with last week's sale of similar maturities. Fannie Mae sold $500 million of three-month bills due Aug. 5/30/12 from Reuters Mobile Read more »
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Can SEC show fraudulent intent in Fannie Mae case?
Mae defendants to have the case thrown out. In the brief, the SEC defended its claim for securities fraud against former Fannie Mae executives Daniel Mudd, Enrico Dallavecchia, and Thomas Lund. It argued that its complaint had adequately pleaded fraudulent from Thomson Reuters News & Insight Read more »
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President Obama should blame himself, not former President Bush
Gaynor And who took the THIRD highest pay-off from Fannie Mae AND Freddie Mac? OBAMA In 2008 Barack Obama secured promotion from Illinois's rookie United States Senator to President of the United States without military or executive experience by blaming President from Renew America Read more »
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American Capital Agency: Huge Dividend In Danger Of Being Cut
offset the lower pre-payments by having higher credit risk; however the U.S. government is assuming the credit risk through Fannie Mae and the other agencies. In the intermediate term, this careful security selection process may provide American Capital Agency from Seeking Alpha Read more »
